July Core Inflation climbs to 3.1% (excl Food/Energy).

[Hafar1014]

Manufacturing is down, not up. Maybe on TrumpTV its different.

Investment in manufacturing is up. Biden had 4 years to wreck the economy and in just 7 months its already better.

 

[JGalt]

I have a math problem for you:

The US brought in $4.1Trillion in imports in 2024

If Tariffs are raised by $1Trillion, as you suggested, we are now paying $5T for $4T in goods.

Where did the extra $1T we paid for the same goods go? And who paid that $1T?

Only 20% of a tariff actually gets passed on to the consumers, so your math has holes in it.

 

[Moonglow]

And Trump wants to fire him, but you Democrats are the only ones who oppose that.

So why don't you want him fired? Is it because you like high interest rates, or do you just want Trump to fail?

His decisions are his, not mine. Trump is failing without the fed chair lowering rates. Trump is devaluing the dollar so fast it's a race to the finish fer him.

 

[Moonglow]

Only 20% of a tariff actually gets passed on to the consumers, so your math has holes in it.

A twenty percent tax or tariff? Either wa,y it means an increase in the price.

 

[Moonglow]

Investment in manufacturing is up. Biden had 4 years to wreck the economy and in just 7 months its already better.

 

[Moonglow]

 

[Hafar1014]

40% of Bidens economy was government debt based spending

 

[Moonglow]

 

[Moonglow]

 

[citygator]

IN 4 years tariffs will be more then the 1.6 trillion deficit. Tariffs are paid by manufacturers in order to keep prices marketable. China devalued its currency to offset the tariffs. You dont have to buy so you dont pay the tariff.

Guess what I do for a living? If you answered that I am an executive at a company that imports goods and sells them welll you are correct!

Guess what I am doing with increased costs? If you answered that I am raising the cost of products I sell then you are correct!

Guess what my competitors are doing? If you answered also raising the cost of products they sell then you are correct!

Guess why we are raising the price? If you answered that I will lose less money by raising prices and selling fewer units than I would lose if I simply just paid the tariff and kept prices the same you are correct!

 

[Moonglow]

40% of Bidens economy was government debt based spending

So is Trump's... Just because we will pay muchas more in taxes in the form of tariffs will not change the deficit or debt under Trump.

 

[Zincwarrior]

Investment in manufacturing is up. Biden had 4 years to wreck the economy and in just 7 months its already better.

Manufacturing employment is down.

 

[Moonglow]

Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point, with former Presidents Donald Trump, Barack Obama, and Joe Biden running the largest U.S. budget deficits in history.

U.S. Debt by President: Dollar and Percentage

The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts.

www.investopedia.com

 

[citygator]

So is Trump's... Just because we will pay muchas more in taxes in the form of tariffs will not change the deficit or debt under Trump.

Not to correct you but the non-partisan CBO said Trump taxes would impact the deficit by adding $5T to it.

https://thehill.com/homenews/senate/5435415-cbo-trump-tax-provisions-deficit/

 

[Hafar1014]

Manufacturing employment is down.

Thanks to 4 years of Biden but thats changing now with increased investment

 

[Moonglow]

Manufacturing employment is down.

This guy is part of the rightist echo chamber.

 

[Moonglow]

Thanks to 4 years of Biden but thats changing now with increased investment

 

[Hafar1014]

So is Trump's... Just because we will pay muchas more in taxes in the form of tariffs will not change the deficit or debt under Trump.

You wont pay the tariffs because prices will drop to keep products marketable.

 

[Moonglow]

Thanks to 4 years of Biden but thats changing now with increased investment

Show us yer stats then

 

[Hafar1014]

Bidens GDP was 40% debt funded by the government. Thats what caused the inflation